361 Vesta Rd, London East, Ontario N5Y 1E9

Beautifully renovated all-brick purpose-built duplex on a large 63 x 150 lot in Northeast London, featuring two almost identical spacious 3-bedroom units, each with private entrances, separate high-ceiling basements, and individual hydro meters. Recent updates include a new flat roof (April 2025), asphalt shingles (2017), and modern interior finishes such as updated flooring, paint, and appliances. The lower unit was fully renovated in 2022 and the upper in 2024, with both offering bright open-concept living spaces, large windows, updated kitchens and baths, and efficient mini-split heat pumps (2018) for year-round comfort. The property includes a double garage and wide driveway for ample parking. Current rents are $2,275/month (lower, Oct 2025) and $2,100/month (upper, month-to-month), with A++ tenants. Tenants pay electric heat and hydro. Total annual gross income is $52,500 The large backyard offers potential for an accessory dwelling unit (ADU) or future development (subject to approval), and the private-access basements could allow for further conversion to a 4-plex (consult with the city of London). Ideally located near Fanshawe College, Western University, schools, parks, and amenities, this is a turnkey investment with instant strong cash flow and long-term upside.

Inclusions: Two stoves, two fridges, two dishwashers, two ovens, two washers, two dryers